Highlights Deal covers 1.75 million mt/year of volumes High spot prices spurring long-term fixed-price deals Norway’s Equinor has agreed to a long-term FOB deal to buy 1.75 million mt/year of LNG supply from Cheniere Energy, the US exporter said June 9.

┬áThe volumes will be sold by Cheniere’s marketing unit for a term of around 15 years, with deliveries under the sale and purchase agreement starting in the second half of 2026. Half of the volume, or around 900,000 mt/year, is subject to Cheniere making a positive final investment decision to add capacity at the site of its Corpus Christi Liquefaction terminal in Texas beyond the seven-train midscale expansion it has currently proposed, Cheniere said in a statement. Amid a surge in spot end-user prices since 2021, there has been a flurry of commercial activity […]